DP World chairman, Georgian prime minister discuss economic cooperation

The meeting took place on Wednesday as part of the Annual Investment Meeting held in Dubai, UAE.

Bin Sulayem suggested diverse solutions for Georgia’s trade and logistics development plans, and the two leaders agreed that a DP World research team should visit Georgia to evaluate the potential for the construction of a marine terminal, inland terminal, logistics park or economic zone, similar to other projects being developed along the New Silk Way between China and Europe.

“Georgia presents a promising business environment where trade can play an ever greater role in developing the country’s manufacturing base, while encouraging growth of the state’s extensive logistics, distribution and warehousing potential. Georgia is also well placed to facilitate trade between Aktau port in Kazakhstan along the New Silk Way, providing access to the Black Sea,” Bin Sulayem said.

DP World also announced that it is developing seamless trade solutions to stimulate economic growth around the world, advising governments in over 40 countries.

In central Asia nation Kazakhstan, DP World advises the government on the development of the Khorgos Special Economic Zone and Inland Container Depot with a similar arrangement under a separate contract for the port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea.

DP World operates a range of terminals in locations along the New Silk Way linking China to Europe enabling trade on a vital portion of the global supply chain. There are three joint venture operations on mainland China at Tianjin, Yantai and Qingdao and another in Hong Kong. There are six more locations in India, supporting over 32% of India’s container trade and 14 in Europe.